You can’t turn a corner without hearing about the latest scandal related to online gambling nowadays. Whether it’s the new laws under the Gambling, Licensing and Advertising Act 2014 in the UK or Belgium’s latest attempts to clamp down on online gambling sites, it’s a trend which is attracting much controversy.
Online gaming is an ever-growing industry that has only prospered with the latest advances in technology. A recent report by Digi-Capital’s Global Games Industry Review suggested that the games industry could be worth more than $100 billion within the next three years, with 60 per cent of the industry’s revenue coming from online gaming. With this in mind, there has without a doubt been a ripple effect on many industries across the globe – here are just a few who are feeling the impact.
The smartphone industry
There have been more and more reports as to the cynical view that smartphones may be killing the video game industry. Without a doubt however, the rise of online gaming is both the cause and effect of higher interest in smartphones in the modern era. It was revealed in June 2012 that making calls was now the fifth most-used function of smartphones, while playing games is the third most-used function. Participants in a 2000-strong study also admitted that browsing the internet was the number one most-used function of their mobile phones. Today, many phones are now marketed at gamers rather than those looking to make calls, and with products like the iPhone 6 flying off the shelves, there’s no doubting the effect of online gaming on the smartphone industry.
With more and more sites like mrsmithcasino.co.uk cropping up every day, it’s not hard to see the parallels between online gaming and online gambling. The online casino industry has been on the up since its humble beginnings back in 2004, and now it is estimated to be worth around $45 billion worldwide, up from $7 billion in 2004. While sports betting is partly to thank for these huge revenues, the opportunity to play in online casinos has without a doubt helped to make the industry profitable.
Despite the aforementioned claims that smartphones are killing the video games industry, the new generation of consoles has only benefited from online gaming. The top players such as PlayStation and XBox both have their own online play element, such as XBox Live, and indeed this has helped to catapult their sales even more so. While multiplayer gaming may not have been popular in the beginning, modern day games like Call of Duty are making it all the more intriguing to gamers. The trend is now so en vogue that there are games being released which are online only, such as the critically acclaimed Destiny.
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